- The Dollar Index
DXY
has a very interesting
short to mid term time frame ahead regarding
its Price Action and Decision Making Time ticking .
Currently
DXY
is bouncing around a Big Middline S/R
area of 100-106 Range.
Both 'ANIMALS' have their fair share of Case,
while for now,
Bulls are more dominant on medium term
while Bears have taken total control of short term *Hourly Time Frames
by CHoCH impulsively and having a realif bounce (completion of Wave
(Bulls) - - -> Break out & Retest + Bull Flag formation pattern post break-out
(Bears) - - - > Fakeout ; Wave C Headed Lower
DXY
has a very interesting short to mid term time frame ahead regarding
its Price Action and Decision Making Time ticking .
Currently
DXY
is bouncing around a Big Middline S/R area of 100-106 Range.
Both 'ANIMALS' have their fair share of Case,
while for now,
Bulls are more dominant on medium term
while Bears have taken total control of short term *Hourly Time Frames
by CHoCH impulsively and having a realif bounce (completion of Wave
(Bulls) - - -> Break out & Retest + Bull Flag formation pattern post break-out
(Bears) - - - > Fakeout ; Wave C Headed Lower
Comment:
# Close up 1HR Downtrend
Wave B about to be completed ?
Wave B about to be completed ?
*2W (tf)
(Zoomed out perspective)
May be
has topped out , printing another Lower High in its Larger Time frames Downtrend coming from 114 High.